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20121129
20121207
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to return to clinton era levels. obama's nemesis as he often told us are millionaires and billionaires. so why not urge that the higher tax rates be applied only to those with incomes of $1 million and not the couples earning more than $250,000. now, i'm talking pure politics, not equity in this case. can they hang their hat on the fact, okay, you're against millionaires, we'll take back their cut for the millionaires? below that they have to get the deal. >> the problem with this is chuck schumer and other senate democrats tried to offer this to republicans last time. remember the last time we did this they rejected it. >> it works for them now. they can say all we want is the schumer deal. >> right now they don't have the leverage to get the schumer deal. they rejected the schumer deal. they don't have the leverage to get it. >> here we disagree. i think they may have a case. if the bogey man is the millionaire -- >> i think that's where it's going to end up. i think that's the flektability in the negotiations at the end is over to whom the higher rates apply. >> but they don't raise tha
clinton both issued warnings to syria monday after intelligence picked up signs the assad regime might be making preparations of some kind with its large stockpile of chemical weapons. >> i want to make it absolutely clear to assad and those under his command the world is watching. the use of chemical weapons is and would be totally unacceptable. and if you make the tragic mistake of using these weapons, there will be consequences and you will be held accountable. >> meanwhile, "the new york times" reports russia appears to be weakening in its steadfast support for president assad. the senior turkish official says moscow agreed to a new approach that would seek ways to persuade assad to relinquish power. >>> kate middleton remains in a london hospital today as the world learns she is expecting. there is a sign of how much thins changed since another royal pregnancy, the one that would lead to the birth of her husband, prince william. remember this? >> lady diana spencer became the princess of wales in the ceremony watched by the world at the end of july buckingham palace today say she
, you remember very well that we had a very different white house. president clinton had decided that he was going to try to work with the republicans. he brought in a new chief of staff by the name of erskine bowles, and in that has popped up again. and he immediately called me and said to my here to work with you and that enabled us to do a lot of things that i don't think the republicans today can get done with this obama white house. lou: and are you and i in agreement that the republicans are not in nearly sufficiently strong position, not with the lack of talent, there are some questions about that, but because of the lack f power of the leaders in the house and the role of the house in this negotiation. >> i am not prepared to ay that. i go up to the capitol every week and meet with the republican leaders and listen to them as they talked very openly about what their views are and what they're trying to get done. and i can tell you that they are a lot stronger than they have been presented by the conservative media. the interesting thing about the speaker is to make you look car
them to other militant groups. that is the wanting today from secretary of state, hillary clinton. speaking at nato, secretary of state, hillary clinton added this time it is running out for bashar al-assad. >> we believe, as you know, that their fall is inevitable. it is a question of how many people will die until that date occurs. >>trace: investigators say syria could have thousands of chemical agents including cyanide and the deadly nerve gas. 40,000 people have died so far in the syrian civil war. now the fighting has spilled into neighboring lebanon, a nation where tens of thousands of syrians have sought refuge. officials in a northern city reported at least six people have died and more than 50 have been wounded in two days of violence. jonathan hunt is live today at the united nations. the big question is, will president assad stay and fight? will he seek asylum? >>jonathan: the turks and russians, they are saying they are working on what they call "new ideas to bring an end to the ongoing 20--month-old civil war." they have nut given any ideas or details what those idea
department jobs that could be lost if automatic trick -- automatic tax cuts are formed. >>> bill clinton says he's not sure if hillary clinton will run for president. she said she does not want to continue a secretary of state for president obama's second term. she said she wants to focus on issues to -- that are important to women. >>> let's see what tara is seeing on 880. >> we have a lot of traffic on pinole and then past the golden gate gate. we're in berkeley/emeryville. we have a traffic issue in here. 280, northbound towards santa clara, looking pretty bad. give yourself extra time. let's check in with steve. >>> tara, thank you. there's definitely some breaks in the clouds. jive seen gusts to 25 miles per hour. i dent think this -- i've seen gusts to 25 miles per hour. i don't think this -- this breeze can helpster things up a little bit. still some low clouds around. i'm seeing breaks in the clouds for san jose. kind of a cooler pattern with the northwest wind. mostly sunny, though, today, no rain except we're done for a while. in fact, as the pattern changes here, even the higher cl
be mixed together to get the sarin gas. president obama and hillary clinton issued strong warning to syria's president bashar al assad. >> it's the point of no return. they're going to lose any sort of backing they had in terms of the chinese and russians. it's a suicide mission. >> reporter: the killing force of sarin nerve gas is devastating. 5,000 kerds were killed in 1988. >>> well, back here at home, fiscal cliff negotiations in washington are still up in the air. most lawmakers have gone home for a long weekend. this, as treasury secretary timothy geithner says the obama administration is willing to go over the fiscal cliff. nbc's tracie potts joins us live from washington with app update on all of this. tracie, good morning to you. >> reporter: lynn, not quite empty. a lot of lawmakers on a long weekend break. take a look at some of the frustrated constituents they'll face. a protest in baltimore over social security, not the check but the jobs. the people who work in the offices who fear there could be super long lines for taxpayers if, in fact, their jobs are cut in all of this. s
chemical weapons, about an unspecified consequences. speaking to leaders in brussels, hillary clinton followed suit. >> our concerns are that an increasingly desperate assad regime may turn to chemical weapons, or may lose control of them to one of the many groups that are now operating within syria. so as part of the absolute unity we have on this issue, we have sent an unmistakable message that this would cross a red line. those responsible would be held to account. >> in response to the threat, assad's regime has assisted it will not use chemical weapons against its own people, calling an assertion to the contrary to a pretext for intervention. >timothy geithner is says the obama administration is prepared to see the u.s. go over the limit fiscal cliff rather than cave to republican demands for a continued tax break for the wealthiest americans. he made the statement in an interview with cnbc. >> i want to understand the administration's position on raising taxes for the wealthy, those making more than $250,000. if republicans and not agree to that, is the administration prepared t
of state hillary clinton issued strong warnings to syria's president assad that there would be serious consequences if he used chemical weapons. >> it's the point of no return. they're going to lose any sort of backing that they had from the chinese and russians in terms of blocking the u.n. vote. and it's my -- it's a suicide move. >> reporter: iraq's saddam hussein killed 5,000 kurds with a sarin gas attack in 1988. jim miklaszewski, nbc news, pentagon. >>> back here at home, fiscal cliff negotiations in washington are still up in the air. most lawmakers have gone home for a long weekend break. this as timothy geithner says the obama administration is willing to go over the fiscal cliff. nbc's tracie potts joins us live from washington with an update. good morning to you. >> reporter: let's start with geithner. he told cnbc that instead of continuing tax breaks for the wealthy, the obama administration is willing to go over this cliff which means they're willing to let your taxes go up and unemployment checks go away massive spending cuts happen if the pentagon instead of continuing
at something that might look like the clinton coalitions, which is that the leader of each party, the president and john boehner, might have to take not a majority of his own party, but less than that and come together to forge some kind of a deal. i may be living in a dream world, but i think that's within the realm of the doable. >> we also have this issue of negotiation by public appearance. john boehner versus the president of the united states. and we want to just look at the sound bites from today and talk about how much of this is posturing and how much of this is sort of revealing a bottom line. let's listen. >> when i came out the day after the election and make it clear that republicans will put revenue on the table, i took a great risk. and then the white house spends three weeks trying to develop a proposal. and they send one up here that calls for $1.6 trillion in new taxes, calls for a little -- not even $400 billion in cuts, and they want to have this extra spending that's actually greater than the amount they're willing to cut. i mean, it was not a serious proposal. and so right
. right now the top rate as you know is 35%. it was 39.6%, jessica, during the clinton administration. now there's some suggestion what if they compromise, have it go up to 36% or 37%, is that something you're hearing the white house would potentially be open to? not 39.6% but maybe 37%? >> reporter: this seems like an area, yes, for wiggle room, wolf. not because they say so, but because of what they won't say. when we asked that question, the white house does not say that it must only go back up to that high clinton rate. and so it seems that there could be some flexibility in how high -- what level it has to go back to. >> yeah. and that would be for those earning more than $250,000 a year. jessica, thanks very much. we're also learning more about what president obama and mitt romney talks about over lunch at the white house this afternoon. our national political correspondent jim acosta's getting some details. they also released the menu of what they were eating. but give us the substance. >> that's right. turkey chili was on the menu. perhaps thanksgiving leftovers. i talked to a repu
.6% rate of the clinton years? he did not. so is there a little give ultimately to sort of say what if it doesn't go up to 39.6%, but say 37%, is that something the white house would accept? also, this that same interview, the president raised the possibility, which is that after you do tax reform and you close loopholes and deductions, that if the rate is raised, the top rate, there's always a possibility that after you do tax reform, of course, the top rate would then go down again. so it was -- you have to listen to the president very carefully to see where there might be some give. the problem from my point of view is that everybody knows what's got to be done in the long-term. it's the question of the short-term deal. >> john boehner, speaker of the house, he came up with a proposal. but not all the conservatives in the house and the senate are on board. jim demint, republican senator from south carolina. >> this is a time to negotiate with ourselves. we need to invite the president to work with us. his proposal was so outlandish, i don't think we should go back to the table un
clinton and state counselors have been engaging for some time, and that is can we get a better answer than we have had in the past two how a new rise in power comes to the international system. and can we do so without running significant risks or indeed fall into conflict. >> thanks. please. >> i agree with everything the undersecretary has said your, and, in fact, admiral sam locklear underscore those pushes a couple days ago in australia. talking about engagement and that strategic trust. but it's interesting that the chinese tend to look at the american, ma asia pacific give it a sort of a continuing strategy. which speaks to the inability to really communicate with strategic effect. and i think you touched, steve, on a very important piece which was a seniority complex and if i can put it that way. china has felt that they were abused by major powers to the 19th century and well into the 20 century, and that has an interesting counterbalance, which is a seemed a bit of a superiority complex about the solutions that they are building on how china images as a global power. the disconten
president clinton was in office, he left this country in the black. the people have weighed in. they've indicated that we want to move forward, we want to put people to work but we want to do it in a fair method of doing it. and that is not cutting programs that impacts the working poor in this country. mr. garamendi: well, you're absolutely correct about that. the proposal to cut medicare benefits is a nonstarter. there are things that can be done in medicare to reduce the costs and much has already been done. i'd like to ask my colleague from the great state of michigan to join us, mr. curson is a new member, came in during a special election. welcome. delighted to have you join us. mr. curson: thank you. i agree wholeheartedly with what's been said so far and the testimony, what i really want to say -- into the mic. what i really want to say is medicare is run more efficiently than nearly any insurance company in the world. they devote less than 2% of its funding to administrative expenses, and you compare that to a private insurance company that costs up to 40% of premiums for in
the holocaust museum, the commission that lead to that, worked on the soviet -- during the clinton administration, i was ambassador to the european union, and i did as undersecretary all the holocaust negotiations. i negotiated $8 billion of compensation from the swiss, german, austrians for slave labor, insurance, patrol, restitution and the like, and here i'm really trying to look at this from a perspective of someone who has been a senior government official but also a leader in the jewish community. that's why the book has been endorsed by president clinton and harris. >> stewart, the future of the jews. how global forces are impacting the jewish people, israel, and the relationship with the united states. it's booktv on c-span2. >>> with about a month left in 2012, many publications are putting out the year end list of notable lists. booktv will feature many of the lists. focus on the non-fiction. these were including in "the washington post best book of 2012. this year's national book award winner for non-fiction "behind the beautiful forevers." katherine boo profiles. the la
secretary of state hillary clinton plans to meet with russian diplomats and a u.n. peace envoy for syria. the civil war ramped up in recent days with violent attacks and the u.s. fears syria's leader bashar assad is closer to using chemical weapons against anti-government rebels. >>> a new warning about a baby recliner titled to several infant deaths. >> plus, new tires, gps upgrades? the tricky way state lawmakers got taxpayers to fix up their personal cars. >>> and an amazing rescue under water how a group of scuba divers helped free a giant pregnant whale shark when we come back. ,, ,,,,,,,,,,,,,,,,,,,,,, they cut off a thick rope tt had wrapped itself around te animal's body .. the whale k is 33 feet lon >>> a group of scuba dives in mexico rescued a pregnant whale shark. they cut off a thick rope that this wrapped itself around the animals' body. it could have been months or years. there's barnacles on the rope. the whale shark is 33 feet long. it weighs 15 tons. whale sharks are the largest fish species in existence. despite their size, they are considered harmless to humans. they
year, the two state solution could become impossible to achieve. yesterday said to secretary clinton is such an effort led by the u.s. would need to be boring than anything seen since the oslo peace accords and should be backed by a more active role for european nations as well. given the overriding need of both israelis and palestinians to return to negotiations as soon as possible, we have palestinian president mahmoud abbas not to move for the time being. it is better to give u.s. administration the opportunity to set out a new initiative. we pointed out a u.n. resolution to be taken by some as they move away from bilateral negotiations with israel and were also concerned about the considerable financial risk of the palestinian authority at a time when the situation is already precarious essay about lead to a strong backlash within the u.s. political system could nevertheless, president abbas will press ahead, a decision we must respect. no one should be in any doubt he's a courageous courageous man of peace. our central objective remains that of ensuring a rapid return to credibl
get something done on this. >> yeah, done. d-u-n. right. i love what the former president bill clinton, the analogy, just a kabuki dance, he said, they're like two dogs that meet over a piece of meat, they sniff each other out. they're all move torgdz a deal. that's what is going on before we head over the cliff. >> no one puts it in layman's terms, no one does it as well as bill clinton. putting it in terms everyone understand. this is our visual. this is the cliff. end of the year. this is high tech. >> yeah. >> oh! what, ha ha. but see. that's right. negotiations never go in a straight line. yeah. >> little crooked there. got somer use today. hanging left. >> i hate that. >>> bizarre turn this morning for soft wereware tycoon john mcafee. he was arrested in guatemala last night for entering the country illegally and now there is word that immigration authorities are about to send him back to belize. before his arrest, mcafee spoke exclusively to abc's matt guttmann in guatemala city. >> reporter: after weeks on the lam, software security pioneer, john mcafee has resurfaced in guatem
gas into bombs for the appointment. 500 times more toxic than cyanide. hillary clinton holds an emergency meeting with russia's foreign minister and the un peace envoy for syria to discuss the issue. approving the delivery of missiles to turkey. that aimed to protecting the nato area against attacks. deciding to okay the move after mortar rounds killed five people. missiles expected to arrive in turkey next month. the presidential palace is looking more and more like a camp. the egyptian military and selling our buyer. the worst round of violence in two weeks. clashes killed seven last night. those are your latest headlines. back to dagen and connell. dagen: thank you. if the u.s. goes over that fiscal cliff, people in california will pay a ton in extra taxes. california would have the highest earners there would pay almost 52% as their marginal income tax rate. the highest in the country. the only state that would have a calculated rate would be hawaii. three percentage points to the marginal state income tax rate. we will have entrepreneur ethan anderson coming up, maybe to
to the clinton levels, a time when the american economy is doing exceptionally well, then there will not be an agreement. >> but house speaker john bigger is digging in himself, admitting talks are going nowhere. speaker boehner also described the moment when secretary geithner first showed him the president's opening offer. >> i was just flabbergasted. i looked at him and said, "you can't be serious." i've just never seen anything like it. you know, we've got seven weeks between election day and the end of the year. and three of those weeks have been wasted with this nonsense. right now i would say we're nowhere, period. we're nowhere. we've put a serious offer on the table by putting revenues up there to try to get this question resolved. but the white house has responded with virtually nothing. they've actually asked for more revenue than they've been asking for the whole entire time. >> what are the chances we're going to go over the cliff? >> there's clearly a chance. >> lindsey graham said the same thing yesterday, michael steele. he said he thinks we are going
overturned. it is very similar to what erskine bowles, the former clinton chief of staff, who was the co-leader of the simpson- bowles commission, separate from that commission, mr. bowles testified before the super committee last year and testified at that time. republicans say that their current model is modeled after that offer. the simpson-bowles model has gone on lot of talk in the last two years. it is proposed on democrats in these discussions. on the revenue side, but $800 billion that they are offering, that is the same of what speaker john vader, offered the president in their negotiations -- speaker john boehner offered the president in their negotiations in 2011. the white house has consistently signaled a loss of of weeks that they will not accept any deal that keeps tax rates for the wealthy. >> russell burma is a staff writer for the hill. thank you. >> thank you. >> and you can go to our website c-span.org to read the letter that the president wrote to house rubble can survey. it was signed by house speaker john vader, majority leader eric cantor, and four others. a group
anybody being friendly with images like that. secretary of state hillary clinton will be at that meeting and actually may announce if the united states is formally going to recognize this new group of unified opposition members as actually representative of syrian people. >> we are doing what we can to support the opposition, but also to try to support those inside syria, particularly in the local councils who are committed to the kind of continuity in the syrian governmental institutions so we don't see a collapse and disbandment of institutional forces that we know from our iraq experience could be extremely dangerous. >>> cnn's ivan watson is live with us now from istanbul in neighboring turkey. ivan, a lot of people got a chill about this blackout effectively a communications blackout. do we know for sure that it is the government of syria that effectively cut its country off from the rest of the world, or is there something else afoot? >> reporter: we don't know exactly. government officials have been quoted suggesting this was a rebel sabotage, but some of the internet security exp
the clinton and the change in the rule fas rule 157. i wondered how a change in the rule could be done and nobody saw that it was going to deval all the port follow owe -- the market. >> yeah. and how somebody could not see that. and second part as a female, of course, a lot has been written there would have beenless chris sis if there were more women in the financial market. >> let me answer the last one first. i mean, given what i saw until the conclusion i reached in the book, diversity helps because you have people from a multiplicity of perspectives, and you -- huh? [inaudible] i would not want to betray any prejudice by saying what women do. i think a diversity on the board elsewhere is really helpful in a lot of cases. but you can always point to counter examples. there's a woman on the risk committee of jpmorgan chase when they just took the hit $5.8 million. mark to market is really -- what we saw was that certain tools in the hands of the right managers are really good. that would apply to all derivative. in the hands of the wrong people really don't work. gold manuses mark t
against bill clinton. i think we've made progress in some other areas. clearly be done and we have the deniers of global warming, but we're reducing the amount of oil that we import. there is progress in that regard. on the other hand, there's been, i think, retrogression in the recognition of two of the great accomplishments of america in the 20th century, with social security and medicare. before those two, we did not have the possibility for the average older person who wasn't wealthy to have a decent existence in retirement. we now have that. i'm sorry to see that pulled back. there's also an international event, for the first time, and i think we have to recognize this. from 1940 to 1990 we had very heavily armed, very bad people threatening our very existence as a society. even though we may have exaggerated that a little bit at the end. we don't have that anymore. we have murderous thugs and terrorists but they're not the nazis or communists. they don't threaten our very existence. we have an ability now, i believe, to reduce some of the resources we put into self-protection
issue bob dole was using against bill clinton. i think we've made progress in other areas. clearly environmentally. we have deniers of global warming. but we're reducing the amount of oil we import and use. there's progress in that regard. on the other hand, there's been some retrogregs in the recognition of two of the great accomplishments of america in the 20th century with social security and medicare. before those two, we didn't have the possibility for the average old person who wasn't wealthy to have a decent existence in retirement. we now that v that and i'm sorry to see that pulled back. there's also an international event. we have to recognize this. from 1940 to 1990, we had very heavily-armed, bad people threatening our existence as a society. we don't have that anymore. we have the thugs. they are not the communists. they don't threaten our very existence. we have an ability now, i believe, to reduce some of the resources and do more things at home. although there's an ideological barrier. >> i know you love the congress. tip o'neill once said the people are better now.
, but i could go back to knot the use of the filibuster but other methods of obstruction with bill clinton who reached out all the time. so i think that's the factor but a minor one. i think harry reid's use of filling the amendment tree, partly this is chicken and egg, but has been done too much and that didn't result in at least some protests and willingness of some senators on his side who might otherwise have joined in some of these filibusters to do so. it had much more to do with a concerted party strategy can which i think is the first time we have seen it. >> i think there's two separate issues. one, obstruction on nominations, and to come obstruction on -- [inaudible] it is true you see these judges and it will go 99 points. but i think it's important to remember what we are talking about. the alternative to that is to move it by unanimous consent. it's not like the house where there is about. and if a member of checks to unanimous consent because they do not want to vote, don't want to be forced to vote for a judge, they say i will have a roll call. now, the majority leader at th
.s. secretary of state hillary clinton is going to be meeting with her russian counterpart, sergey lavrov. this is a meeting that's going to take place in dublin later today. this is an effort to try to get the peace plan for syria back on track, a u.n. effort that's stalled for so many months now. there's not a lot of hope it will get back on track anytime soon. a lot of international powers and pressure being put on syria to try to comply with some sort of peace plan so this nightmare scenario doesn't come to any sort of fruition. zoraida? >> all right, we're talking about a deadly nerve gas, it is sarin. can you tell us what kind of damage could this do to the people there? >> reporter: it's well known that sarin and the use of sarin is a nightmare scenario. the use of it could kill a huge amount of people in a very short amount of time. now, last night, a former cia officer, robert bear, was speaking to anderson cooper. he described what the use of sarin could do. here's more of what he had to say. >> one round and the dispersion on that could be -- depends on the wind -- but you coul
for rice, the outgoing secretary of state., hillary clinton, also spoke out. >> susan rice has done a great job as our ambassador to the united nations. >> reporter: still, rice had to spend another day on capitol hill discussing benghazi with skeptical senate republicans. >> and realize that all of us here hold the secretary of state to a very different standard than most cabinet members. >> reporter: well, white house aides insist president obama is yet to make a decision between susan rice or massachusetts senator john kerry as his replacement for secretary of state hillary clinton. at this point, aides say to me that the president knows he can't let this linger much longer, can't leave rice or kerry hanging in the wind. expect an announcement perhaps by early next weeks. >> chuck todd at the white house, thank you very much. >>> we want to turn and get a check of the day's other top stories. natalie morales over at the news desk. good morning. >> good morning, everyone. >>> ex-cia chief general david petraeus spoke out about his affair with biographer paula broadwell in a letter to his
syria as a priority in its foreign policiy. we see the clinton administration in the 1990's, put an end for that. looking to the obama administration, what can the next secretary of state do to help the syrian people and such a critical time. >> thank you everybody for being here. i hope to see you next friday for our conference on jordan. thank you. [applause] >> tonight we will look at the white house and congress and how they are addressing the fiscal cliff. first president obama speaks in pennsylvania followed by house speaker john banner responding from capitol hill. then eric cantor response to the white house deficit reduction package. later, nancy pelosi addresses the fiscal cliff and middle- class tax cuts. tomorrow on ", washington "" robert -- "washington journal," robert van order on the mortgage loan forgiveness. adult'eman on being an with autism. plus, your emails, phone calls, and tweets. >> c-span, created by cable companies and venture 1979, brought to you as a public service by >> president obama talked about the so-called fiscal cliff and his proposal to end the bus
meeting in morocco. secretary of state hillary clinton will be there and might announ announce if the u.s. will be a representative of syrians. as damascus is pounded by president bashar al assad's forces, they are voicing their hopes for a better future. arwa damon has the story. >> reporter: to the tune of "jingle bells," a tune in aleppo with original lyrics. hand in hand, we are all hand in hand, they sing, until we get rid of bashar. the bulk of the car here, pro-democracy. but also some carrying black flags. let's agree that each has a right to their perspective. later the islamists take up their own chant. the people want an islamic state. when we sing we want an islamic state, it means that every citizen will have their rights. but according to their own interpretation. one of the islamists says that i should cover my hair. 25-year-old hussein says the islamists are being nurtured by outside forces. but he's not worried they will take over the country. syria is beautiful, a nation of many colors, whether they like it or not. what we just witnessed s a microcosm of a larger dynam
and the next couple of weeks when the vote is expected to take place. >>> hillary clinton is urging israel to reconsider plans to build thousands of new settlement homes. the secretary of state was just in israel next month, to help bring about its truce with hamas over gaza. her comments follow reports that israeli prime minister benjamin netanyahu has authorized the construction of 3,000 new homes. critics say the move is in retaliation after the palestinians won a u.n. bid to be recognized as a non-member observer state. >>> syria may have no working internet right now, but the fighting is raging on. the country's civil war is focusing right new on damascus international airport on the outskirts of the capital there. rebels say they have surrounded it on one side. they are trying to keep the government's war jets grounded and stop its flow of weapons. syrian state-run tv insists the airport is functioning normally. >>> mexico will swear in a new president in just a few hours when enrique pena nieto takes the oath. he named his new cabinet yesterday, you see him here. he also took contro
those take in, day out to pick your clinton but we're including that the and also, add in the air tight holders that is another $25. just that in the packaging alone, we're talking over $100 and that does not even counting for all look 24 k, brilliant uncirculated layered quarters that you are getting for $33. about how many get steve guess that your friends, your family will open up and it will be the nice gift at first but then it goes by the waste site, they will forget about it but this is one gift that is so impressive so stunning and where it will be the heir to treasure. >>guest: this is not something that goes often relegated to the cause, this is fraught and center and a3 hallway or something like this but this will become a generational touchdown, it will touch every generation as it passes down. it goes down mothers fathers, and in uncles and this touchesgeneration and it will pass from generation to generation and that is what when collectingis is a perfect example and for the price of the packaging look at this fantastic chest, $79.95, this a solid red of presentation box
of the 1990's and earlier in the 1990's with president bush, before president clinton, and then thereafter with president bush who came after president clinton, sometimes economic policies say it's time for a rest. and those tax cuts, the top 1% and 2%, it is time for rest. and to be able to shore up, to say to every american that you will get a tax cut for $250,000 of your income which includes 97% of small businesses is a reasoned response to the changing economy and the protection of the safety net is a reasoned response to the changing economy and the recognition of the importance of social security, the recognition of the importance of medicare, medicaid and the recognition of the importance, if you're unemployed, extending the unemployment responds to the people who don't get their news on a regular streaming basis, they don't know what's going on up here. they're counting on us to stand in the gap and to make a difference in their life. some of them are working. some are on assistance, but they're not defined by anything that they are americans who love their country. and i hope as
jefferson clinton, if you look back to that year you will find that at that point in time our revenues reflected 19.6% of our gdp, and our spending reflected 19 points 6% of gdp. where are we today? you get different essence. warren buffett yesterday in "the new york times" said 15.5% of our gdp is coming in of revenue. i've heard lower figures, and the spending side of it is summer in the range of 22-24%. well, that to me is the reality of what has happened. we have seen a decline in tax revenue and an increase in spending for a variety of reasons we could go through. if we're serious about deficit reduction in the years to come we've got to move back towards the golden mean 19 points six. the closer we can get our revenue to 18% of level, as we weigh down spending, the more likely we are to have a stable economy in the years ahead. let's talk about what's happened since that time when we did have our budget in balance. danya in a way updates are figures from time to time. but let's take a look at where we are today. compared to where we were fiscal year 2001 when the federal governme
that president was in cambodia right after the election. he was in burma. secretary clinton moved widely throughout the region as does secretary panetta. and the amount of activities that i do and my forces do have been a prompt jump in what we've done in the past, and we're looking for opportunities to do more exercise. we're doing more of those things already. i think it's visible to our allies. i think it's visible to our partners. not to be invisible to the region. we also want to jump, where's the next summary our aircraft carrier, that's always the sake of. and we will, over time as you heard secretary panetta said, we will rebalance our navy towards the pacific, and i party mentioned in my opening remarks, we are rapidly moving our most capable assets in the region because of some of the ballistic missile defense will be facing of those types of things. so i think it's not about one thing. it's about a holistic approach, and what if you on the military side is only one aspect of a. it's got to be tied to what's happening in the economic side in what's happening in the diplomatic s
no such incentive. it is not just deficit hawks who want to get rid of this. former clinton era labor secretary and big time liberal economist robert reich had been saying for years the mortgage interest deduction should end. but he acknowledged the political realities make that hard to do. if you can't get rid of it, maybe the government should limit it. >> it should be limited, i believe. you can't get rid of it politically. it is almost impossible. but also economically, if you simply got rid of it altogether, the housing market would take a big hit. >> that assumes that some people won't buy a house if they don't get the tax break and i'm not sure that's true. that's what you need to know about your money right now. i will see you this weekend, tomorrow, 1:00 p.m. eastern, sunday at 3:00. you'll meet the one single democrat in the current congress who signed the norquist anti-tax pledge. and we'll find out if he's sticking to his guns. from the cnn money newsroom in new york, i'm ali velshi with your money. of any small business credit card! pizza!!!!! [ garth ] olaf's small business earns
's done a great job as i think the clintons did, and raising two young girls. under very intense bubble, for himself personally but also the with gigabytes of his time. from what i've read he's never missed a parent teacher conference. if the president of the nfa of the net states and never misses a parent teacher conference, none of us should either. [inaudible] >> i've never said that. what i said is there is no parallel between fidel castro and barack obama or any american politician. fidel castro has never been elected to anything. never run for office. that's not anytime what i've ever said. i can tell you i don't parallel between places of government dominate the economy. but cuba goes well beyond the. cuba is not just about government dominate the economy. cuba is about getting beat up on the side of the churchhe has you dare to speak out against the government. that doesn't happen you. so i'm not anyway drawing parallels. [inaudible] >> i don't know if that's a way to put it. i think our future economic options have been diminished by some of the choices made by the president, b
-- a return. it is similar to what the former clinton chief of staff -- separate from that commission, he testified before the super committee last year and put forward his own proposal to try to break the impasse at that time. republicans say their current offer is not in that proposal, so it is not the simpsons-bowles plan that has gotten a lot of talk over the last few years, but it is modeled on a proposal from a leading democrat during these discussions, so they are hoping it will give some credibility going forward. the $800 billion they are offering is not the same as what john boehner offered in 2007. -- is the same as what john boehner offered in 2007. they will not accept any deal that keeps tax rates the same as well. >> thank you. >> thank you. >> you can read his proposal online by going to c-span.org and clicking to the lake. oklahoma congressman tom cole discusses the fiscal cliff negotiations and agrees with suggestions they should join president obama to extend the tax rates for the highest income earners the law professor john buckley looks at the history of the tax, plu
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